Your client is 25 years old, and she wants to begin saving for retirement, with the first payment to come one year from now. She can save $5,500 per year, and you advise her to invest it in securities which you expect to provide an average annual return of 8 percent. If she follows your advice, how much money would she have at age 70?

	a.	$175,562.47
	b.	$2,125,780.90
	c.	$7,900,311.22
	d.	$2,295,843.37
	e.	$267,300.00